The U.S. National Cyber Security Alliance reports that 60% of companies affected by a data breach will go out of business within six months. At a time when technology and the risks associated with it affect every person and business, Society Insurance provides leading-edge Cyber Liability insurance with comprehensive data security and privacy coverage.(more…)
What is Cyber Terrorism?
Cyber terrorism is a politically-motivated attack against computers and data. These attacks are intended to be disruptive and advance the attackers’ political or religious stance. Acts of cyber terrorism result in a total or partial interruption of a computer system. Unlike cyber extortion, the hacker isn’t asking for any sort of ransom in cyber terrorism situations.
Examples of Cyber Terrorism
- Sophisticated network attacks to gain access to sensitive data and high-value business information
- Viruses and worms that are maliciously designed to disrupt, damage and attack an electronic infrastructure
- Hacks to collect personally-identifiable information which can be used to steal identities
It’s critical for every business to understand their risk. An important step in data security is to identify potential threats, classify them by category, and evaluate the damage potential to the company. Use this checklist to understand common data threats and assess how they may affect your business: (more…)
Did you also know that banks and credit card companies can impose fines and penalties on your business if you fail to maintain these requirements? (more…)
Below are five of the most common data security mistakes leading to data breaches. Employees should halt these practices immediately to reduce the likelihood of a breach.
Don’t fall into this trap. If your passwords are common and easy for you to remember, they’re likely to be easy for hackers as well. Use these password tips to keep your data secure. (more…)